Common use of Stock Dividends Clause in Contracts

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 13 contracts

Samples: Purchase Common Stock (Magic Media Networks Inc), Purchase Common Stock (Diatect International Corp), Purchase Common Stock (Odyssey Pictures Corp)

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Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 3.1 and Section 2.2 3.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 11 contracts

Samples: Warrant to Purchase Common Stock (American Security Resources Corp.), Purchase Common Stock (Human Biosystems Inc), Purchase Common Stock (3dicon Corp)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 5.1 and Section 2.2 above)5.2) of, stock, then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders stockholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 8 contracts

Samples: Intuity Medical, Inc., Intuity Medical, Inc., Intuity Medical, Inc.

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares, or make any other distribution of Shares shares with respect to Shares shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.

Appears in 5 contracts

Samples: Warrant to Purchase Common Stock (National Storm Management Inc.), Purchase Common Stock (Material Technologies Inc /Ca/), Purchase Common Stock (National Storm Management Inc.)

Stock Dividends. If the Company, at any time while this Warrant warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 4 contracts

Samples: Warrants (Us Data Authority Inc), Conversion Warrants (Us Data Authority Inc), Trinity Medical Group Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution shares of Shares with respect to Shares Preferred Stock (except any distribution specifically provided for in Section 2.1 the foregoing subparagraphs (a) and Section 2.2 above(b)), then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately after such dividend or distributiondistribution and the number of Shares subject to this Warrant shall be proportionately adjusted.

Appears in 4 contracts

Samples: Epix Medical Inc, Epix Medical Inc, Epix Medical Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 4.1 and Section 2.2 above)4.2) of, stock, then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Codexis Inc, Codexis Inc, Lightspan Partnership Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 5.1 and Section 2.2 above)5.2) of, stock, then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders stockholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Complete Genomics Inc, Complete Genomics Inc, Complete Genomics Inc

Stock Dividends. If the Company, at any time while this Warrant is --------------- outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Purchase Common Stock (Invicta Group Inc), World Golf League Inc, Invicta Group Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution shares of Shares with respect to Shares Preferred Stock (except any distribution specifically provided for in Section 2.1 the foregoing subparagraphs (a) and Section 2.2 above(b)), then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately after such dividend or distribution.distribution and the number of Shares subject to this

Appears in 3 contracts

Samples: Warrant Purchase Agreement (Ribogene Inc / Ca/), Ribogene Inc / Ca/, Ribogene Inc / Ca/

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares Common Stock payable in Sharesshares of Common Stock, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above)Common Stock of shares of Common Stock, then the Exercise Price shall be adjusted, effective from and after the date of determination of the shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Securities Purchase and Registration Rights Agreement (Rock Creek Pharmaceuticals, Inc.), Rock Creek Pharmaceuticals, Inc., Rock Creek Pharmaceuticals, Inc.

Stock Dividends. If the Company, at any time while this Warrant is ---------------- outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 2 contracts

Samples: Sequiam Corp, World Golf League Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares Common Stock payable in Shares, or make any other distribution of Shares with respect to Shares Common Stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 2 (a) and Section 2.2 above(b)), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distributiondividend, to that price determined by by, multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distributiondividend, and (b) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distributiondividend.

Appears in 2 contracts

Samples: Ancor Communications Inc /Mn/, Sun Microsystems Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 4.1 and Section 2.2 above)4.2) of, stock, then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares or stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Lightspan Partnership Inc

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares, or make any other distribution of Shares shares with respect to Shares shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.. 2.4

Appears in 1 contract

Samples: Material Technologies Inc /Ca/

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Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares, or make any other distribution of Shares shares with respect to Shares shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Purchase Common Stock (National Storm Management Inc.)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution shares of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above)Preferred Stock, then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately after such dividend or distributiondistribution and the number of Shares subject to this Warrant shall be proportionately adjusted.

Appears in 1 contract

Samples: Skydesk Inc

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 4.1 and Section 2.2 above)4.2) of, stock, then the Exercise Price shall be adjusted, effective from and after the date 4 of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (a1) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Lightspan Partnership Inc

Stock Dividends. If the Company, at any time while this ---------------- Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, . (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Seven Charles C

Stock Dividends. If the Company, at any time while this Warrant warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares of its stock, or make any other distribution distributions of Shares shares with respect to Shares shares of its stock (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Usa Technologies Inc

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 3.1 and Section 2.2 3.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.. _________ _________ Initials Initials

Appears in 1 contract

Samples: Purchase Common Stock (Infinium Labs Inc)

Stock Dividends. If the Company, at any time while this Warrant is --------------- outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, . (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Thinka Weight Loss Corp

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Sharesshares of Common Stock, or make any other distribution of Shares with respect to Shares shares of Common Stock (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Integrated Surgical Systems Inc

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 3.1 and Section 2.2 3.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.. 3.4

Appears in 1 contract

Samples: Purchase Common Stock (Material Technologies Inc /Ca/)

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